For the past two decades corporate governance reform in Europe has been guided by the ashareholder valuea model of the firm. That model has been discredited as one of the major causes of the financial and economic crisis. In a new book published by the ETUI an alternative approach to corporate governance is presented by members of the GOODCORP network of researchers and trade unionists. This new approach, entitled the Sustainable Company, draws on both traditional astakeholdera models of the firm and newer concerns with sustainability. The main elements of the Sustainable Company and the institutions needed to support it are presented. Key themes in the book are the need for worker avoicea in corporate governance and for a binding legislative framework to promote sustainability. Individual chapters deal with the issues of worker involvement, employee shareholding, sustainability-oriented remuneration, international framework agreements, NGO-trade union relationships, reforming financial regulation and carbon taxes and emissions-trading schemes.Key themes in the book are the need for worker avoicea in corporate governance and for a binding legislative framework to promote sustainability.
|Title||:||The Sustainable Company|
|Author||:||Sigurt Vitols and Norbert Kluge|
|Publisher||:||ETUI - 2011|